"If you want peace, you have to prepare for war." On March 1, Donald Trump announced that his government would impose a 25% tariff on all steel imports and a 10% tariff on aluminium. Trump initially said tariffs would apply to all steel and aluminium exporters, but a week later, under pressure from Republican free traders, Mexico, Canada and Australia were temporarily excluded, while negotiations on the North American Free Trade Agreement continued.

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten concentrate prices continue to stabilize in the Chinese tungsten market as buyers remain low buying appetite. The raw material side keeps the firm offer levels while the demand side seeks for low-price goods. Therefore, the market is in a stalemate. 

Rare earth market quotation in China: prices of dysprosium oxide and DyFe continue to rise due to the tightening availability of raw materials raising sellers’ strong rised mentality. It was reported that the imports of rare earth mine in Myanmar is expected to be banned for a long time, which raise the worry of tight supply in domestic. 

China molybdenum prices tend to be weak owing to the declined value-added tax (VAT) in April. But most participants expressed that market prices are basically based on the relationship between the supply and demand, especially for ferro molybdenum market. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten market is expected to maintain stability in March after the end of China’s Two Sessions as there are many uncertain factors that affect market sentiment and trading activity. 

Rare earth market quotation in China: prices of terbium oxide, dysprosium oxide and DyFe edges higher compared with last trading day due to continued tightening availability of raw materials. The listed prices of Southern Rare Earth rose slightly early this week, plus with stricter environmental protection policy, rare earth market is boosted but actual transactions need to be improved. 

Molybdenum market quotation in China: as the steel biddings keep quiet, ferro molybdenum price declines slightly and traders also become more cautious. Raw material sellers are still reluctant to sell their products owing to continued tight supply. For molybdenum chemical and product market, prices of sodium molybdate and ammonium molybdate remain unchanged considering low trading activity and thin market trading.  

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices are unchanged from last week at the beginning of the week began on Monday March 25. The supply of molybdenum ores is tight and sellers are reluctant to sell; downstream buyers remain low buying appetite while smelting factories take a watchful stance under the weakness of both supply and demand sides.

Rare earth market quotation in China: the latest price of dysprosium oxide and DyFe rise slightly while dysprosium oxide price is unchanged from the previous trading day in the Chinese market. It was reported that the import of rare earth ores from Myanmar will be banned, which raises the worry of insiders. Therefore, dysprosium product sellers are reluctant to sell their products. But considering the continued weakness in the demand side, the prices do not rise sharply. 

Molybdenum market quotation in China: the latest prices of molybdenum powder, ammonium hptamolvbdate and ammonium molybdate are unchanged from the previous trading day. For molybdenum concentrate market, the tightening availability of raw materials raise sellers’ rised mentality; ferro molybdenum manufacturers take a watchful stance, waiting for the latest news from steel tenders.